Tech start-up Distributed plans to grow its team by 600 per cent in 2019 after closing its investment round.
The funding from Fuel Ventures has taken the firm鈥檚 total initial backing to 拢1.65 million.
The London-based start-up created the Elastic Team platform, which allows customers to provide a description of the technical outcome they require and uses AI to deliver the outcome without the need for talent management from the customer.
Callum Adamson, CEO of Distributed, said: 鈥淚n a world where tech talent is in increasingly short supply, it鈥檚 clear that maintaining the pace of delivery required by modern businesses, via hiring direct or outsourcing, is no longer working.
鈥淲e created Distributed to answer this problem.鈥�
鈥淯sing our AI powered global workforce, the best talent is deployed into work that is meaningful to them as individuals, and organisations achieve both their business goals and a better return on their spend.
鈥淥ur ultimate goal is to make great work available to millions of digital specialists worldwide, while simultaneously removing resourcing, HR and talent headaches for businesses large and small,鈥� he added.鈥�
Adamson also said the company鈥檚 aim is to 鈥渞aise the benchmark on the delivery of digital work鈥�.
Founded in 2017 and headquartered in London, the company has generated revenues of more than 拢1m in its first year.
Fuel Ventures founder Mark Pearson said: 鈥淭he need for software development is accelerating at an unprecedented rate, which we expect to exceed trillions of spend over the coming decade, and Distributed will be positioned front and centre of this growth.
鈥淲e believe the majority of businesses should focus on their own core competencies and use the Distributed platform to create better digital products for their customers.鈥�